Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Message: Is anybody following NAD?

Legend owns more than 50% of North Australian Diamonds, and that company is beginning to sound much more interesting. In the near term, I am not sure how it impacts us as investors in LGDI, but there is definitely value there for the future.

Please share your thoughts on Legends investments in NAD and also Northern Capital Resources which appears to have a strong gold play.

I am just trying to understand what these investments mean, and how the company can leverage them.

Thanks

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